Syndicate Bank PO PGDBF Recruitment Notification – 2018-19

Dear Aspirants,Syndicate Bank invites young and bright graduates who fulfill the eligibility criteria specified and who are interested in a Banking career with one of India‟s best Banks to apply for admissions to the One year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt Ltd. (MaGE), Bangalore and Nitte Education International Pvt Ltd. (NEIPL) Greater Noida / Mangalore.

Name of the Post: Probationary Officer in Junior Management Grade / Scale-I.

Post Details:
Unreserved – 252
OBC – 135
SC – 75
ST – 38
Total – 500

Number of Student intake Age (As on 01.10.2017)
Minimum- 20 years
Maximum- 28 years

Eligibility Criteria:

Qualification (As on 01.10.2017) – Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification as such recognized by Central Government.

Age (As on 01.10.2017) Minimum 20 years- Maximum 28 years i.e. a candidate must have been born not earlier than 02.10.1989 and not later than 01.10.1997 and (both days inclusive)

Selection Process:

Candidates shall be selected through selection process consisting of online test followed by Group Discussion or/and Personal Interview.

Exam Pattern:

APPLICATION FEE + INTIMATION CHARGES:

SC/ST/PWD Rs. 100.00 (INTIMATION CHARGES ONLY)

GENERAL & OTHERS Rs. 600.00 (APPLICATION FEE + INTIMATION CHARGES)

PROGRAMME / COURSE FEES:

The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student. Changes in the Course fees if any will be informed to the successful candidates subsequently. Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fee for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 3000/- per candidate.

FINANCING / LOAN OPTIONS:

Students can pay the course fees by availing an Education Loan which will be considered by Syndicate Bank as per Synd Vidya Scheme. The EMIs for the loan would start from the month of joining the Bank. There would be no recovery of EMIs or interest during the course period of One year and the interest accrued during this course period of one year would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact on the monthly earnings of the Probationary Officer.

INCENTIVES:

During nine months class room training the students shall be paid a sum of Rs 2500/- pm as stipend and during the next three months of internship a stipend of Rs 10000/- pm shall be paid. LOYALTY BONUS:- The loyalty bonus of Rs. 500000/- shall be paid to the Officers at the rate of Rs. 100000/- for every completed year of service after 5 years of continuous and satisfactory service in the Bank from the date of joining the service (i.e. Rs. 100000/- each on completion of 6th, 7th, 8th, 9th & 10th year of continuous and satisfactory service), subject to regularity of education loan if availed.